INN For the Second RS\ Year in a Row.. Generali Deal On Holocaust Fund Jerusalem (JPFS) — Italian in- surance company Assicurazioni Generali has agreed to establish a $12 million fund for the fam- ilies of policyholders killed in the Holocaust and for other related uses. The company's legal repre- sentative in Israel, Amihud Ben- Porat, signed an agreement with MKs Avraham Ravitz, Avraham Herschson and Michael Kleiner to set up the fund for the next 12 years, alongside a center for those wanting information about policies. Internet Site Uses Yellow Pages Jerusalem (JPFS) — Any In- ternet user will be able to make simultaneous contact with a large number of companies and organizations listed in a single professional category of the Is- raeli Yellow Pages, merely by clicking a single key. Dapei Zahav says the service is available free via its site, www.yellowpages.co.il . The Yel- low Pages contains over 80,000 fax numbers in the business sec- tor. Koor Postpones Bond Issue Jerusalem (JPFS) — Koor In- dustries has indefinitely post- poned plans to raise $300 million in a U.S. bond offering, the company announced. The holding company originally planned to issue the bonds at the beginning of July. Koor attributed the decision to recent changes in monetary policy and fears that a bond of- fering would hurt the company the shekel continue to de- preciate. Because the company's bal- ance sheets are recorded in shekels, any depreciation of the shekel would damage the corn- pany's ability to pay dollar-based interest rates on the bonds. The company is currently. looking to raise money to re- structure Makhteshim and to expand its core businesses. Michigan's #1 Standards for Excellence Dealer NKE CADILLAC Additional $500 Renewal Incentive for current Cadillac Smart leasees‘ 1997 Seville SLS Samsung Plans R & D Center Jerusalem (JPFS) — Samsung Electronics Co., the Korean con- sumer and industrial electron- ics giant, expects to open an Israel research development center within the year, Jong Goo Li, the company's Israel-based representative, said. The announcement was made during a ceremony to celebrate the opening of the company's Herzliya Pituah-based office. The company does not yet know the size of the investment it will make in the R&D center, which will be located either near the Technion or in Herzliya Pituah, Mr. Goo Li said. Researchers will focus on de- veloping telecommunications technologies, semiconductor and software, he said. The company is currently ex- ploring prospects for joint ven- tures with 14 companies, including Tetrad, Rad, Tadiran Communications, Chip Express and many start-up firms. Stk# 828884 Fry C hrome wheels, leather lumbar pkg., heated seats, memory-personalization pkg. SMARTLEASE Month 74 K ILEASE °04"9wn PLUS ' 11 tOne Single PaYilleill SMA 23 1997 Sedan DeVille 672 additional Lease Renewal Incentive for current Cadillac Smart Lease. Stk# 294670 Leather seats, chrome wheels, leather interior. 23 Month SMARMEASE 1900 down SMARTLEASE PLUS $ 12 1 One Single PaYmentx . • 982 1997 Catera Stk# 1 6476 I Leather seats, LEADING ISRAELI STOCKS TRADED ON U.S. EXCHANGES Symbol Name Exchange SCIXF Scitex NASDAQ 9.00 8.97 ECILF ECI Telecom NASDAQ '30.00 '28.75 TEVIY Teva Pharm NASDAQ '67.31 '64.75 I EC PEC Israel NYSE '24.63 '24.00 ELBTF Elbit Computers NASDAQ 3.75 3.50 ELT Elscint LTD NYSE 8.33 8.44 ELRNF Elron Electronics NASDAQ '14.50 '13.63 TAD Tadiran NYSE '29.33 '28.50 CMVT Co mverse NASDAQ '44.63 '49.75 '5.12 ISL First Israel Fund NYSE '14.63 '14.50 -50.13 June 20 June 27 memory seats, theft deterrent system & chrome wheels. Change 1900 down_ 344 -51 .25 smARREAsE PLUS °lie Single Pa rnent $91378 .. - GMAC Smartlease 24 months (or 23 months), 1st pymt., ref. sec. dep. equal to 1st pymt. rounded to nearest 525 increment, new plates or transfer fee, administration fee due on delivery. State & Lux. tax additional. Mileage limitation of 24,000 miles. 15c/mile excess charge over limitation. Lessee has option to purchase at lease end for pre de- termined price. To get total pymt., multiply pymt. by no. of months. "Based on GMAC SMARTLEASE 24 month (or 23 months) one single up-front payment plus 5500 ref. sec. dep., plus plates, or transfer due on delivery, sales tax plus luxury tax additional. Administration fee due on delivery. Mile limitation is 12,000 miles per year, 15c per mile excess charge over limitation. Lessee has option to purchase at lease end. '0.11 R I NKS CADILLAC ADILLAC Gr e f w l t 1-696 AT VAN DYKE 758-1800 If traveling west on 1 6%, exit Hoover, follow Service Drive to RINKE. If traveling east on 1-696, exit Van Dyke; take to second bridge past Van Dyke over expressway to RINKE. - Source: Allen Olender, Prudential Securities, West Bloomfield. _ a z ii , i ,,c) it 9 r i s 7 MASTER DEALER DEMCATED TC) EXCELLENCE